1702 Northview LnAberdeenSD57401
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1702 Northview Ln, Aberdeen, SD, 57401 in Aberdeen: $3,854/mo in rent, $695/mo in net income, 9.25% gross yield, 1.71 DSCR, all at $500,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $138,141 in appreciation and $4,605/yr in principal paydown projects total cumulative return of $234,603.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.8% |
| Monthly Cash Flow | $695 | $850 |
City averages based on Aberdeen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,854 |
| Total Monthly Debt Service | $2,961 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57401, Aberdeen, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 8,448 (55.4%) |
| Renter Occupied HU | 5,349 (35.1%) |
| Vacant Housing Units | 1,459 ( 9.6%) |
| Median Home Value | $272,732 |
| Average Home Value | $316,937 |
Housing Distribution
Address Breakdown
Residential
14,624
Single Family
11,282
Multi-Family
3,342
Businesses
1,209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57401, Aberdeen, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 8,448 (55.4%) |
| Renter Occupied HU | 5,349 (35.1%) |
| Vacant Housing Units | 1,459 ( 9.6%) |
| Median Home Value | $272,732 |
| Average Home Value | $316,937 |
Housing Distribution
Address Breakdown
Residential
14,624
Single Family
11,282
Multi-Family
3,342
Businesses
1,209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany A. Smart • Dakota Plains Real Estate & Development
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-537
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.